Common use of No Sale of Shares Clause in Contracts

No Sale of Shares. Despite the provisions of Section 3.01, the Trustee has no authority to sell or otherwise dispose of or encumber any of the Shares deposited pursuant to the provisions of this Agreement, except as provided in Section 4.01.

Appears in 2 contracts

Samples: Voting Trust Agreement (Silverleaf Resorts Inc), Voting Trust Agreement (Mead Robert E)

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No Sale of Shares. Despite Notwithstanding the provisions of Section 3.01, the Trustee has shall have no authority to sell or otherwise dispose of or encumber any of the Shares stock deposited pursuant to the provisions of this Agreement, except as provided in Section 4.01.

Appears in 2 contracts

Samples: Termination of Voting Trust Agreement (Ontro Inc), Voting Trust Agreement (Ontro Inc)

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No Sale of Shares. Despite Notwithstanding the provisions of Section 3.01, 3.02 and 3.03 the Trustee has shall have no authority to sell or otherwise dispose of or encumber any of the Shares stock deposited pursuant to the provisions of this Agreement, except as provided in Section 4.01.

Appears in 1 contract

Samples: Voting Trust Agreement (Ontro Inc)

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